Job Description

Key Responsibilities of a Purchasing Manager -

Strategic Sourcing and Procurement:

Developing and implementing effective purchasing strategies aligned with the company's engineering and project requirements. This involves identifying potential suppliers, evaluating their capabilities, and negotiating favorable terms and conditions.

Supplier Relationship Management:

Building and maintaining strong relationships with key suppliers to ensure a reliable and efficient supply chain. This includes regular communication, performance monitoring, and addressing any issues that may arise.

Contract Negotiation and Management:

Negotiating contracts with suppliers for goods and services, ensuring favorable pricing, delivery terms, and quality standards. This also involves managing contract renewals and amendments.

Cost Management and Optimization:

Identifying opportunities to reduce costs without compromising quality or delivery timelines. This includes analyzing spending patterns, negotiating better deals with suppliers, and implementing cost-saving measures.

Risk Management:

Identifying potential risks associated with the procurement process, such as supply shortages, price fluctuations, or quality issues. Developing mitigation strategies to minimize the impact of these risks on engineering projects.

Inventory Management:

Ensuring optimal inventory levels of critical materials and components to support engineering activities and prevent delays. This may involve coordinating with inventory management teams and implementing appropriate inventory control procedures.

Compliance and Quality Assurance:

Ensuring that all procurement activities comply with relevant regulations, standards, and company policies. This includes verifying that purchased goods and services meet the required quality standards.

Collaboration and Communication:

Working closely with engineering teams, project managers, and other stakeholders to understand their needs and ensure that procurement activities are aligned with project requirements.

Performance Measurement and Reporting:

Tracking key procurement metrics, such as cost savings, delivery performance, and supplier performance, and reporting on these metrics to management.

Staying Updated:

Keeping abreast of the latest trends in procurement technology, supply chain management, and industry best practices.
Skills Required:

Negotiation Skills:

Essential for securing favorable terms and conditions with suppliers.

Analytical Skills:

Required for analyzing data, identifying trends, and making informed decisions.

Communication Skills:

Important for collaborating with various stakeholders and managing supplier relationships.

Problem-Solving Skills:

Needed for addressing challenges related to procurement, such as supply shortages or quality issues.

Technical Knowledge:

Understanding the technical specifications of the materials and equipment being procured is crucial in the engineering industry.

Project Management Skills:

Helpful for managing complex procurement projects and ensuring timely delivery.
Graduates or Diploma with 10-15 yrs experience in Engineering Industry Purchase candidates only preferred.

Job Types: Full-time, Permanent

Pay: ?40,000.00 - ?50,000.00 per month

Benefits:

Food provided Health insurance Leave encashment Provident Fund
Work Location: In person